Project Management Question Bank
for Exam preparation

Q2. You have four projects from which to choose one. Project A is being done over a six year period and has a net value (NPV) of US $70,000. Project B is being done over a three year period and has an NPV of US $30,000. Project C is being done over a five year period and has an NPV of US $40,000. Project D is being done over a one year period and has an NPV of US $60,000. Which project would you choose?

1. Project A
2. Project B
3. Project C
4. Project D

Q3. Your project is being completed in another country. It is going reasonably well and is ahead of the cost projections when one of the local officials informs you he will make sure the project work stops unless you pay him $50. What is the BEST thing to do?

1. Make the payment
2. Offer to pay more than the requested amount to get more support from the official in the future.
3. Offer to pay a smaller amount to discourage future requests for larger amounts.
4. Do not make the payment 26

Q4. The project manager wishes to use the Delphi technique to obtain expert opinion on some difficult technical issues she’s facing. What should she be careful to do?

1. Make sure the experts consulted are recognized for their input.
2. Compare information and work toward a single opinion.
3. Consult the stakeholders.
4. Meet together with the experts to obtain consensus.

Q5. Rearranging resources so that a constant number of resources is used each month is called:

1. Crashing
2. Floating
3. Leveling
4. Fast tracking

Q6. Robert is managing a road construction project. Due to unseasonal weather conditions, the team productivity might be above or below target. This is an example of:

1. Ambiguity risk
2. Variability risk
3. Mitigated risk
4. Opportunity risk

Q7. A new project manager is planning a complex hardware installation project. The team consists of 13 people who are experts in their fields. The project manager does not want to micromanage the project. How far should he decompose the work?

1. As small as possible because the work is complex.
2. As large as possible because he is dealing with experts
3. To 1000-hour work packages because he is dealing with experts
4. To about 80-hour work packages because it will make the work less complex 8

Q8. You have decided to apply Resource Leveling to a project because of a critically required resource being available only at certain times. Which of the following will likely be true?

1. Resource Leveling can often cause the original critical path to change.
2. Resource Leveling will over-allocate resources to schedule the project before the deadline.
3. Resource Leveling will require additional resources to complete the project.
4. Resource Leveling will never alter the original critical path.

Q9. Which of the following techniques focuses on identifying non-value-added activities in a project?

1. Pareto charting
2. Process analysis
3. Root cause analysis
4. Affinity diagrams

Q10. The senior analyst on a project came up with Activity Duration Estimates as follows: Activity A: 10 days + a lag of two days; Activity B: 1 week + a lead of three days. The project manager who reviewed these estimates raised some objections to them. What would they most likely be?

1. The analyst should have included percent variance information while mentioning the Activity Duration Estimate. This would indicate a range of possible results.
2. Activity Duration Estimates should not include any lag or lead information.
3. It is advisable not to mix up units such as days and weeks while coming up with Activity Duration Estimates.
4. The Activity Duration Estimate should have also mentioned the predecessor or successor activity to which the lag or lead is attached.